- Bloomberg, Tuesday, October 30, 2018 10:43 PM
Under Armour posted better-than-expected earnings for the third quarter, a sign that an overhaul of the sports brand might be starting to pay off, according to
Bloomberg. “The results
back up executives’ pledge to show improvement in the second half of 2018,” according to
Bloomberg. “The company is trying to get a grip on a glut of inventory that weighed
down margins and led to discounted prices.”
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